Iraq has sold $37.9 billion of oil since 1996
Iraq has sold 37.9 billion dollars worth of crude oil, or more than 2.174 billion barrels, since the beginning of the "oil-for-food" program in December 1996, the United Nations said Tuesday.
Iraq has also exported 343.8 million barrels of oil worth almost $8.9 billion since the oil-for-food program's eighth phase began in June, a UN statement said.
The oil-for-food program, designed to offset the humanitarian consequences of the 10-year-old embargo on Iraq, lets Baghdad sell oil under UN supervision in exchange for food, medical supplies and other necessities.—AFP.
©--Agence France Presse.
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